Market Forecast By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, And Turkey), By Product (Excavators, Loaders, Dump Trucks, Others), By Application (Construction, Mining, Agriculture & Forestry, Others), And Competitive Landscape According to 6Wresearch, Middle East Earthmoving Equipment Market size is anticipated to witness growth during 2021-2027. Recent initiatives taken by governments of several countries to revive the region’s economy from a worldwide crisis would support the growth of the Earthmoving Equipment market in the Middle East region. For instance, the UAE Central Bank has allocated incentives for SMEs and local banks to revive and develop the construction sector of the region. Additionally, the central bank also declared to offer incentives through collateralized loans at zero cost to all banks operating in the UAE, as well as an additional incentive that would be freed up from lenders’ capital buffers. Mobile cranes and earthmoving equ...
Market Forecast By Insulation (Air, Sandwich), By Conductor (Copper, Aluminum), Power Range (Lighting Power Range (Upto 0.5 KV), Low Power Range (0.6 KV-1 KV), Medium Power Range (3.6 KV-17 KV), High Power Range (Above 17 KV)) And Competitive Landscape. According to 6Wresearch, Saudi Arabia Busway Market revenues are projected to witness a negative CAGR of 3.5% during 2020-26. Sandwich bus ducts dominate the Saudi Arabia busway market due to their vast usage in the residential and industrial sectors. Furthermore, the sandwich busway segment would grow in the coming years due to a non-ventilated and compact design suitable for manufacturing industries and commercial spaces. The busway market in the region registered a decline during the first half of 2020 on account of the global economic slowdown caused by COVID-19, however, the aforementioned market is expected to recover post-2020. Key Highlights Historical data of Saudi Arabia busway market revenues for the period 2016-2019 S...